Sold
35 Melbourne St, Boston, MA
Boston · MA 02124
- $1,436,950
- Price
- 8
- Beds
- 6
- Baths
- 3174
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1960
Units:
4 Units
Lot size:
2,442 Sq.Ft Lot
Price per square foot:
$480 / Sq.Ft
Parking:
No Parking
About this home
**PRICE DROP OF $50,000** TURNKEY ** 35 Melbourne is fully occupied 4-Unit transit oriented investment property fully rented through 8/31/2021. This property is a true turnkey investment taking in $105,540 per year or roughly $9K per month. The location is perfect for renters, making it a great long term investment near the Shawmut Redline Station (0.2 mile walk). The property went through an extensive renovation in 2018 which included a new construction entire third floor addition. That renovation also included new kitchens, new roof, new windows, upgraded bathrooms, sprinkler system, fire alarm and new hardi-plank siding. There is room to increase rents, and there is upside to this is investment especially with expansion potential in the basement. Buyer to due diligence, serious inquiries only. TAKE THE VIRTUAL TOUR! THIS PROPERTY IS CONTIGENT DUE TO FINANCING..SELLER IS TAKING BACKUP OFFERS SUBJECT TO FINANCING
Neighborhood & Transit
Dorchester's Dorchester Center
35 Melbourne St, Boston · MA 02124
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Shawmut Red 0.22 mi
-
Ashmont MattapanRed 0.33 mi
Price Insight
- Days on Market:
- 2111 days
- Listing Price:
- $1,525,000
- Price per Sq.Ft:
- $480
- Tax Assessment:
- $430,900 in 2020
- Taxes:
- $382 / Monthly
Home Facts
Interior Features
- Bedrooms
- 8
- Full Bathrooms
- 6
- Half Bathrooms
- 0
- Living Area
- 3,174 Sq.Ft
- Broker Disclosure about Living Area
- 3,874SF total includes roughly 700 SF private basement SF used by tenants as rentable SF
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- Unknown
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 200 Amps
Exterior Features
- Lot Size
- 2,442 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Anne Biele-McClure
- Listing office
- Revival Realty
- MLS PIN #
- 72699347
- Disclosure
- 3,874SF total includes roughly 700 SF private basement SF used by tenants as rentable SF
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